Ex-GRIDCo CEO Calls for energy sector reforms to boost Ghana’s Development

By Selorm GBORBIDZI, Accra

Former Chief Executive Officer of the Ghana Grid Company Limited (GRIDCo), Ing. Jonathan Amoako-Baah, has called for comprehensive reforms in Ghana’s energy sector to enhance efficiency and support national development.

 Speaking at a training programme for journalists organized by Energy News Africa, Amoako-Baah emphasized the necessity of instituting cost-effective tariff reforms and reducing losses in the energy supply chain.

Key recommendations for reform

Amoako-Baah outlined several critical areas for reform, including the need for cost-effective tariff adjustments. He suggested phased adjustments and targeted subsidies for vulnerable populations to mitigate the impact of these changes.

Although he acknowledged the potential short-term political challenges, he stressed that these reforms are essential for the long-term sustainability of the sector.

“There is a need to institute cost-effective tariff reforms to cover the cost of electricity production and distribution,” he stated.

He also highlighted the importance of reducing technical and non-technical losses through infrastructure upgrades, improved metering and billing systems, and combating illegal connections.

Investing in technology and infrastructure

Amoako-Baah advocated for investments in modern technologies, such as smart grids and energy-efficient appliances, to improve the reliability and efficiency of electricity supply.

 “By investing in modern technologies, we can significantly reduce losses and enhance the overall efficiency of the energy supply chain,” he said.

He also suggested that the energy sector consider restructuring its debts to create a more manageable repayment schedule.

“Through negotiations with creditors, we can get immediate relief. This may involve extending payment terms, reducing interest rates, or converting some debt into equity,” Amoako-Baah explained.

Strengthening governance and encouraging investment

Effective management of the energy sector, according to Amoako-Baah, requires strong governance structures, including transparent regulatory frameworks, accountability mechanisms, and professionalization of energy sector institutions.

He recommended public-private partnerships to bring in necessary expertise and investment.

Additionally, Amoako-Baah called for greater investment in renewable energy sources, accompanied by incentives and policies to encourage private sector participation.

“Diversifying our energy mix to include more renewable sources such as solar, wind, and hydro will reduce reliance on expensive thermal power and enhance energy security,” he emphasized.

Engaging international partners

Amoako-Baah underscored the importance of engaging with international partners and financial institutions for technical assistance, funding, and best practices.

“In so doing, Ghana can benefit from global experiences in managing energy sector reforms and attracting foreign investment,” he noted.

Ing. Jonathan Amoako-Baah’s comprehensive recommendations provide a roadmap for the future of Ghana’s energy sector. By implementing these reforms, Ghana can achieve a more efficient, sustainable, and reliable energy supply, ultimately boosting national development.